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Ecopetrol ADR Representing 20 Ord Shs V.EC


Primary Symbol: EC

Ecopetrol S.A. is an oil company. The Company operates in Colombia, Peru, Brazil and the United States Gulf Coast. The Company's segments include Exploration and Production, Transportation and Logistics, and Refining, Petrochemicals and Biofuels. The Company's Exploration and Production segment includes exploration, development and production activities in Colombia and abroad. The Company's Transportation and Logistics segment includes the transportation of crude oil, motor fuels, fuel oil and other refined products, including diesel and biofuels. The Company's main crude oil pipeline systems' operating capacity is approximately 1.34 million barrels per day (BPD). The Company's main refineries are the Barrancabermeja refinery, which it directly owns and operates, and a refinery in the Free Trade Zone in Cartagena that is operated by Reficar S.A., a subsidiary of the Company. The Company also owns and operates two other minor refineries: Orito and Apiay.


NYSE:EC - Post by User

Post by Fragmanon Mar 15, 2011 9:06am
314 Views
Post# 18286088

shallow drilling

shallow drillingnobody runs up a stock on shallow drilling.   We all know that sitting beside us there is gold.  Shallow drilling is just an excuse by mgmt. for not having money to do real drilling.  Stuff that investors can bank on.
And what no one is saying is that in another month all junior exploring cos. go to sleep until the beginning of the winter season.  EC missed this year so we all get to sell now or wait it out.
thanx EC mgmt. and a special thanx to the dufous crowd over on their special private EC site for not hyping the crap out of this stock.  Dying with dignity seems more fitting.
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